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Dave Astor

Dave Astor

Posted March 24, 2009 | 01:00 PM (EST)

Calm After the AIG Storm? No Way!


"Can we all just calm down a little?" -- the first line of Saturday's "Talking Business" column in The New York Times -- exemplifies how some mainstream pundits believe populist rage against AIG bonuses went too far last week.

But calming down about the obscene greed of AIG and other corporations weakens pressure on politicians to rein in that greed. It also sets a bad example. For instance, picture a bunch of employees telling their boss that they're sick of working 20 hours of unpaid overtime a week. The boss snaps: "Can we all just calm down a little?" To which the employees reply: "Oh, yes. We saw that advice in The New York Times. Sorry we wanted to have a family life. We'll work in the office 24/7 and take only occasional catnaps on the company's anti-union brochures."

Or imagine mom and pop angrily confronting a thief who broke into their home. They're about to call the police when the robber demands: "Can we all just calm down a little?" The crime victims reply: "Oh, yes. We saw that advice in The New York Times. Sorry we tried to protect our possessions. Steal whatever you want, including our Huffington Post toaster oven."

Or picture political prisoners being tortured by right-wing government thugs. They're screaming in agony when the thugs say: "Can we all just calm down a little?" The prisoners reply: "Oh, yes. We saw that advice in The New York Times. Sorry we screamed so much. As you continue torturing us, we'll sing the 'Barney' song."

So allow me to conclude with a bit of poetry inspired by Barney the purple dinosaur: "I wuv you, you wuv me, some pundits ain't populism-y. With a great big hug for the bonus-grabbing crew, some pundits take the corporate view."

 
 
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10:46 PM on 03/26/2009
Amen!---Because our government (and the recipients of these ill-gotten bonuses) will not take the necessary corrective action, we have no other tool besides a "Name'em and Shame'em" policy. Until ALL of the bonus money (not half, not bonus $ above 100k) is returned, i will not be quiet
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Dave Astor
03:23 PM on 03/29/2009
Hi average jane doe,
Thanks for your comment. You could not have said it better.
Best wishes, Dave
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Dave Astor
11:11 AM on 03/25/2009
Hi wethepeople,
Thanks for your comment -- and for all that great, clever alliteration!
Best wishes, Dave